Economy in Memphis (zip 38109), Tennessee
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| Unemployment Rate | 10.20% | 8.60% |
| Recent Job Growth | 3.52% | 0.35% |
| Future Job Growth | 36.84% | 32.10% |
| Sales Taxes | 9.25% | 5.00% |
| Income Taxes | 6.00% | 4.70% |
| Income per Cap. | $13,859 | $26,154 |
| Household Income | $30,489 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 24.42% | 12.37% |
| Income between 15K and 25K | 17.10% | 10.53% |
| Income between 25K and 35K | 14.00% | 10.88% |
| Income between 35K and 50K | 18.34% | 15.37% |
| Income between 50K and 75K | 16.17% | 20.14% |
| Income between 75K and 100K | 6.06% | 12.41% |
| Income between 100K and 150K | 2.72% | 11.27% |
| Income between 150K and 250K | 0.84% | 5.01% |
| Income between 250K and 500K | 0.34% | 1.86% |
| Income greater than 500K | 0.02% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 5.98% | 14.04% |
| Professional and Related Occupations | 12.08% | 20.61% |
| Service | 19.75% | 14.45% |
| Sales and Office | 30.28% | 26.75% |
| Farming, Fishing, and Forestry | 0.05% | 0.70% |
| Construction, Extraction, and Maintenance | 7.53% | 9.42% |
| Production, Transportation, and Material Moving | 24.34% | 14.05% |
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The unemployment rate in Memphis (zip 38109), TN, is 10.20%, with job growth of 3.52%. Future job growth over the next ten years is predicted to be 36.84%.
Memphis (zip 38109), TN Taxes
Memphis (zip 38109), TN,sales tax rate is 9.25%. Income tax is 6.00%.
Memphis (zip 38109), TN Income and Salaries
The income per capita is $13,859, which includes all adults and children. The median household income is $30,489.
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